$LUNA ๐จโ ๏ธ๐ป Thereโs a Bull Trap at Market โ LUNA Holders, Stay Cautious! ๐ปโ ๏ธ๐จ
๐ฅ๐ณ๏ธ๐ฃ๐ซ
๐ฅ๐ด LUNA is flashing red flags despite short-term green candles โ a classic bull trap may be forming!
๐๐ Price spiked briefly to lure in buyers, but macro indicators and volume analysis hint this rally might be deceptive.
๐จ๐ป Trap Alert: Momentum isnโt matching volume โ this bounce could be bait! Donโt chase the pump blindly.
๐ง ๐ What is a bull trap?
A bull trap occurs when prices rise quickly, tempting traders to go long, only to be followed by a sudden reversal, leading to liquidations.
๐ LUNAโs recent move above $0.48 looked bullish โ but watch out! Itโs facing stiff resistance and failing to hold higher ground.
โ ๏ธ๐ Technical red flags:
RSI is near overbought without strong volume backing.
Weak follow-through on breakouts.
Lower highs forming on shorter timeframes.
Buyer exhaustion at $0.50โ$0.52 zone.
(๐ These are all classic signs of a trap, not a true rally.)
๐ชค๐ Why this matters:
LUNA has seen this behavior before โ sharp spikes followed by dumps, leaving late buyers rekt.
๐ป Smart traders are now watching closely for confirmation before committing.
๐ Unless volume breaks resistance with conviction, expect a sharp correction.
๐ฃ๐ฅ If this is indeed a bull trap:
Expect a drop to retest $0.42โ$0.44
Liquidations likely if price collapses fast
Panic selling could accelerate the fall
Shorters are already circling!
๐ซ๐ Donโt get trapped in the FOMO.
โ Wait for volume confirmation, candle structure, and trendline retest before re-entering.
๐ Bearish divergence + fakeouts = classic trap zone!
๐ข Final Word:
LUNA's recent pump might not be what it seems.
If you're trading โ be tactical, not emotional.
The bulls may be baited, but smart money's cautious.